after allowing a discount of 25% on the market price of an article there is a gain of 20% what is the profit percent if the article is sold at the market price allowing no discount
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8
Answer:
60%
Step-by-step explanation:
Let the MP be Rs x
D%= 25%
So, SP= x - 25/100 of x
= x - x/4
= 3x/4
P% = 20%
So,
CP = (100/100+P%)× SP
CP= ( 100/120)× 3x/4
CP= 5/6× 3x/4
CP= 15x/24
if it was sold at market price, then profit
=x - 15x/24
= 9x/24
P%= 9x/24 × 24/15x × 100%
P%= 60%
So, the profit percent is 60%
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answer for it is. profit of 60%
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